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Hope fading for new Boeing deal during US-China summit, sources say
Reuters19h agoneutral
Hope fading for new Boeing deal during US-China summit, sources say

SEATTLE, Sept 23 (Reuters) - Hopes for a new China commitment to buy Boeing planes are sinking ahead of a Thursday summit between the US and Chinese presidents, two people briefed on the matter said on Wednesday, with negotiations still in ‌flux. The planemaker instead is trying to finalize a May deal for China to buy 200 planes, rather than earlier hopes of securing new commitments ‌for hundreds more jets, the people said on condition of anonymity because the talks are private.

Surging Oil Prices Singe GE Aerospace
The Wall Street Journal9d agoneutral
Surging Oil Prices Singe GE Aerospace

Soaring oil prices are hurting shares of once high-flying aviation suppliers, with engine maker GE Aerospace suffering the brunt of the selloff. Its shares were down about 3% midday at $308.50, extending a nearly weeklong slump for the manufacturer.

United Expands Long-Haul Network With 10 International Cities Routes
Bloomberg30d agoneutralVIDEO
United Expands Long-Haul Network With 10 International Cities Routes

United Airlines Holdings Inc. will add destinations in Europe and Asia to its network next year, using Airbus SE's new long-range narrow-body planes. The carrier will fly the A321XLR planes from its Newark hub to locations including Luxembourg and Marseille, and from San Francisco to Okinawa, Japan. Bloomberg's Siddharth Philip joins to discus.

Transdigm Group Q3 Earnings Call Highlights
MarketBeat46d agoneutral
Transdigm Group Q3 Earnings Call Highlights

TransDigm Group (NYSE:TDG) raised its fiscal 2026 sales, EBITDA and commercial aftermarket outlook after reporting third-quarter results that management said exceeded expectations, supported by growth across commercial OEM, commercial aftermarket and defense markets. President and Chief Executive O

Loar Q2 Earnings Call Highlights
MarketBeat47d agoneutral
Loar Q2 Earnings Call Highlights

Loar (NYSE:LOAR) reported record second-quarter sales, adjusted EBITDA and adjusted EBITDA margin, while raising its full-year 2026 outlook as commercial aerospace demand and organic business wins supported growth. Chief Executive Officer and Executive Co-Chairman Dirkson Charles said the quarter m

Ducommun Q2 Earnings Call Highlights
MarketBeat47d agoneutral
Ducommun Q2 Earnings Call Highlights

Ducommun (NYSE:DCO) reported record second-quarter revenue as growth in commercial aerospace and military programs lifted sales, margins and earnings. The company said it remains on track to meet its full-year revenue outlook despite expecting lower growth rates in the second half after pulling forw

Hexcel Q2 Earnings Call Highlights
MarketBeat55d agoneutral
Hexcel Q2 Earnings Call Highlights

Hexcel (NYSE:HXL) reported higher second-quarter sales, margins and cash flow as commercial aircraft production rates increased, led by demand on wide-body programs including the Airbus A350 and Boeing 787. Second-quarter sales totaled $529 million, up 8% from the prior-year period, while adjusted

Tech Earnings, Fed Rate Decision: What to Watch This Week
The Wall Street Journal58d agoneutral
Tech Earnings, Fed Rate Decision: What to Watch This Week

Today Earnings (a.m.): Coca-Cola, UPS, Boeing, Sherwin-Williams, Hilton, Centene, PayPal, S&P Global Earnings (p.m.): Visa, Ford Motor, Mondelez International, Waste Management, PPG Industries, Bloom Energy, Avis Budget, Seagate Technology Economic data: Consumer confidence index, Johnson Redbook retail sales index, U.

Bloomberg59d agoneutral
Palantir’s Infamy Opens Doors for French Challenger

(Bloomberg) -- The latest transatlantic technology brouhaha unfolded on Instagram. Most Read from BloombergDeepSeek Suspends Fundraising After Viral US-China PostsSpaceX at $100 Would Imply Zero AI Value, Morgan Stanley SaysUS, Iran Extend Pause in Strikes as Oman Holds Hormuz TalksTrump Seethes as Iran War Spirals Anew With No End in SightAwakened Indian Students Hand Modi One of His Biggest SetbacksDuring a week in June when the leaders of the Group of Seven descended on France and Paris held

Bloomberg63d agoneutral
US Sets New Forced-Labor Duties as Trump Resurrects Tariff Wall

(Bloomberg) -- The US will collect duties of at least 10% on imports from most major trading partners, its biggest move yet to reconstruct President Donald Trump’s tariff wall that was pierced by the Supreme Court.Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandAlphabet Falls as $205 Billion Spending Plan Fuels AI Cost FearTrump’s 100%

RTX lifts 2026 forecasts on aircraft repair, defense demand
Reuters63d agoneutral
RTX lifts 2026 forecasts on aircraft repair, defense demand

July 23 (Reuters) - RTX raised its 2026 sales and profit forecasts on Thursday, betting on ‌sustained demand for commercial aircraft maintenance and military systems, as ‌airlines keep older jets flying and governments replenish weapons stockpiles. The Arlington, Virginia-based aerospace and defense ​company said its backlog rose 22% from a year earlier to $289 billion, including $170 billion in commercial aerospace orders and $119 billion in defense.